Tiny Baetis mayflies are perhaps the most commonly encountered and imitated by anglers on all American trout streams due to their great abundance, widespread distribution, and trout-friendly emergence habits.
I dropped my wife's digital into the stream-- twice. The first time it dried out OK, but the second time did it in. So I had to replace it with an upgrade, which took a BIG bite out of the 'fishing stuff' budget.
I bought an expensive rod last year (Winston) and feel like I should match it with a decent reel... but on the other hand, should probably replace my leaky waders and rusting vise before that!